The federal contract IDV award SPE60221D0755 was issued by the Defense Logistics Agency (DLA) Energy to KPI Oceanconnect Inc., a foreign-owned for-profit organization, for the provision of lubricating oil to support the agency's domestic bulk lubricants program. The single-award IDV contract has a ceiling value of $252,881 and a performance period through April 2023.
Under this IDV, three task orders have been issued to date, valued at a total of $156,404, to deliver lubricating oil to Red Bank, New Jersey. The task orders utilize fixed-price with economic price adjustment pricing. No set-aside designations were applied to the IDV or associated task orders. The contracted products and services are aimed at meeting the lubrication needs of the U.S. Department of Defense and federal civilian vessels as part of DLA Energy's mission to supply fuel and energy to these entities.
Generated 9/7/24, 9:33 AM